Systematic and Bibliometric Review of Neuroeconomics and Neurofinance Research: Current Status, Thematic Trends, and Future Directions

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dc.authoridOZTURK, OGUZHAN/0000-0001-7959-9535
dc.contributor.authorBayramoglu, Gokberk
dc.contributor.authorOzturk, Oguzhan
dc.date.accessioned2025-03-20T09:50:47Z
dc.date.available2025-03-20T09:50:47Z
dc.date.issued2024
dc.departmentİzmir Bakırçay Üniversitesi
dc.description.abstractThe aim of this study is to provide a systematic and bibliometric overview of neuroeconomics and neurofinance research. The study analyzes 507 articles published in peer-reviewed journals in the Web of Science (WoS) database spanning from 1994 to February 2024. The research is conducted in two phases; initially, a performance analysis, followed by a science mapping analysis. Through performance analysis, we pinpoint significant authors, notable journals, leading countries, and influential articles within these research fields. With the science mapping, we utilize co-citation, bibliographic coupling, and co-word analyses to uncover the thematic and intellectual framework of research in neuroeconomics and neurofinance. Overall, we reveal prominent research themes, including reward, decision-making under risk, value, game theory, and intertemporal choices. Classical decision-making theory divides the decision-making process into three interconnected stages: identifying options, evaluating them, and making a choice. The research themes we revealed through science mapping analysis constitute different aspects of the evaluation stage. Accordingly, our results suggest that neuroeconomics and neurofinance research has mainly concentrated on the evaluation stage (and, to a lesser extent, the choice stage with value theme), while the process of identifying options has been relatively understudied, despite its vital significance in less structured, real-world situations. Alongside revealing research themes, we ultimately spotlight research directions within neuroeconomics and neurofinance.
dc.identifier.doi10.1111/joes.12676
dc.identifier.issn0950-0804
dc.identifier.issn1467-6419
dc.identifier.scopus2-s2.0-85212271536
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1111/joes.12676
dc.identifier.urihttps://hdl.handle.net/20.500.14034/2314
dc.identifier.wosWOS:001378732900001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherWiley
dc.relation.ispartofJournal of Economic Surveys
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250319
dc.subjectbibliometric analysis
dc.subjectneuroeconomics
dc.subjectneurofinance
dc.subjectsystematic literature review
dc.titleSystematic and Bibliometric Review of Neuroeconomics and Neurofinance Research: Current Status, Thematic Trends, and Future Directions
dc.typeArticle

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